Amid the booming air travel industry, Nok Air and AirAsia X announced IPO for their shares to be used for the companies' expansion plans.
Investors
Manman exec gains $33 million for new company
Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.
London Home Prices Increases Renters
As the London housing prices increases to a capital average of more than GBP500000, more households are rising to become renters.
Think tank advises UK to make bank shares public
Policy Exchange, an influential think tank, says that the British government should hand over a majority of its shares in Royal Bank of Scotland and Lloyds Banking Group to the public.
UPDATE: Elan Rejects Fresh Bid from Royalty
Elan rejects the newest bid from Royalty and seeks to look at other unsolicited interested parties.
Latest News
LongRiver Consortium will walk away from the proposed US$8.2 million bid unless Severn Trent engages in discussion with the company.
Royalty Pharma urged the federal court in New York to lift the temporary restraining order it has ordered for the Royalty-Elan bid.
Big debts are seen looming as bold bets on acquisition from two Thai billionaires totaled US$27 billion last year.
British finance minister George Osborne announces an early public sale of their shares in Lloyds Banking Group.
Japan’s Marubeni said that it will leave Gavilon’s energy arm from the proposed takeover deal. (Photo : REUTERS)Logo of Marubeni Corp is seen at the company's head office in Tokyo Marubeni Corp, a Japanese trading house states that it will cut its planned takeover deal over Gavilon's energy business.
On Sunday, Google was reported to be in close discussion to acquire Waze for US$1.3 billion. (Photo : REUTERS)The Google logo is seen on a computer monitor at Google's Hong Kong office According to reports on Sunday, Google is close to purchasing Waze for US$1.
The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.
Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.
According to sources, Bank Al Khair is expected to merge with commercial bank, Khaleeji Commercial Bank.
